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Oct 29, 2013 9:00am EDT
businesses. facebook looking for the social marketing revolution. >> and nbc reporting the obama administration knew millions would not be able to keep their health insurance under the new affordable care act. >> first up, though, apple did beat the street last night with its fiscal fourth quarter numbers. profits fell, growth margins slid among heightened competition, despite the sale of 40 million iphones for the quarter. they see revenues 55 billion to $55 billion. here's what ceo tim cook had to say last night on apple's conference call. >> if terms of supply, into the quarter with a very significant backlog. however, our supply is building each week. in terms of the retina or the ipad mini where the resin display, we'll start shipping later in november. it's unclear whether we will have enough for the quarter or not. i think we'll do fairly well with ipad, as i had mentioned before. we felt like it going to be a really great holiday season. >> you know we're in a brave new world when a revenue forecast for a quarter -- actually, a margin forecast for a quarter, jim and david
Nov 4, 2013 9:00am EST
in the bio science. >> will obama care help or hinder that development. does it get in the way or does it mean more access will drive better outcomes? >> i think the issue you are talking about obama care is focused on care and treatment. the largest part. if we are going to solve the problem, it really isn't care and treatment. the issue is really prevention, wellness, research cure. >> there are more and more people talking about this on wall street. the lines between a company like apple and some of the names that you are talking about in this conference are blurring, because, frankly, wearable technology and personalized medicine sounds like the next big wave. what's going to be the next facebook or twitter for this space? >> i don't know that i can make that prediction but there is a very rapid evolution naary proc going on here. what we need is a healthy ecosystem, that involves phrma and biotech and special device companies and computational companies that are dealing with big data. also, academic institutions which tend to be where the basic science gets done that undergirds al
Oct 30, 2013 9:00am EDT
to pay $170,000 of penalties in obama care. it's another california of texa government picking winners and losers, we are the losers. here are my options, do not pay the penalty, raise my prices and go out of biz, lay off employees who don't have to pay. and here's a quote from the other. since they're their high labor, low margin business, we're forced to consider bankruptcy, fire employees to get under 50 employee limit, close the location. we cannot escape many expenses such as rental agreements. >> sir, i think in the employer market about 95% of all american businesses are exempt from any kind of requirement to cover employer/employee insurance. they are outside the law, they continue to be outside the law but they will have some new options for those who want to cover their employment and new tax credit possibilities. for large employers, 96% already cover their employees. the penalty that you're constituents referred to is not a penalty that is imposed in 2014, it is being discussed with businesses about what kind of information is exchanged and it will take place -- >> i thank
Nov 1, 2013 9:00am EDT
that has a lot of people scratching their heads. obama care is being run by this agency but the question is if you're going to launch a web site, is this the agency you would necessarily choose to go out and do an extremely technical, complicated process that affects the entire country? >> eamon javers in washington, thank you very much. the federal site, the has been plagued from the start. now it looks like your location could play a major role in how well or how badly the site performs for you. bertha coombs is live in lexington, massachusetts with more on that. good morning. >> reporter: good morning, simon. we're at compuware. they've been doing an independent end user testing and monitoring of how people are accessing the site, it does seem there are differences. the government says it should all be the same because is the one portal for some 36 states but there are differences depending where you are. this is a map of what you have saw a couple of weeks ago. and tell us what the red means. obviously not good. >> so what you're seeing h
Oct 31, 2013 9:00am EDT
report out that the white house has pressured insurance executives to keep quiet about the obama ca care rollout. >> there are a number of americans, fewer than 5% of americans who have got cut-rate plans that doesn't offer real financial protection in the event of a serious illness or an accident. remember, before the affordable care act, these bad apple insurers had free rein, every single year, to limit the care that you received or use minor preexisting conditions to add to your premiums or bankrupt you. >> david, it's good to have you back, good morning. >> thanks, carl, good to be with you. >> i want to talk about the quarter and conference call. the stock getting a lot of activity today. have you been asked to keep quiet about obama care in. >> we have not. we've been actively iengaged wih multiple years with the administration on both sides the aisle. we believe the make system needs to evolve, you need to improve affordability for all and improve health care quality for all. that's what we've been working toward. >> when he refers to "bad apple insurers," i wonder if you think h
Search Results 0 to 4 of about 5